Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/20707
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dc.contributor.authorPastore, Francescoen_US
dc.contributor.authorVerashchagina, Alinaen_US
dc.date.accessioned2009-01-28T16:16:07Z-
dc.date.available2009-01-28T16:16:07Z-
dc.date.issued2004en_US
dc.identifier.urihttp://hdl.handle.net/10419/20707-
dc.description.abstractThe gradualist approach to economic transition in Belarus would contribute to form the apriori expectation that the rate of return to education is low and the earnings profile by workexperience flat, like they supposedly were under central-planning. However, the first availableestimates of Mincerian earnings equations based on the Belarusian Household Survey onIncomes and Expenditure suggest that the skill payoff was high in 1996, at about 10.1% peryear, and stable. The return to one year of work experience is also high at 5%. This resultmaintains also after controlling for sample selection bias, despite a general reduction in theannual rate of return to education by about 20-30%. Though, it is ambiguous whether thehigh-skill payoff is the consequence of market forces coming into play or of policy decisions,considering the pervasive role of the state in the process of wage determination.en_US
dc.language.isoengen_US
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen_US
dc.relation.ispartofseries|aIZA Discussion paper series |x1409en_US
dc.subject.jelP52en_US
dc.subject.jelJ31en_US
dc.subject.ddc330en_US
dc.subject.keywordeducational economicsen_US
dc.subject.keywordreturns to human capitalen_US
dc.subject.keywordeconomic transitionen_US
dc.subject.keywordBelarusen_US
dc.subject.stwBildungsertragen_US
dc.subject.stwHumankapitalen_US
dc.subject.stwÜbergangswirtschaften_US
dc.subject.stwWeissrusslanden_US
dc.titlePrivate Returns to Human Capital over Transition : A Case Study of Belarusen_US
dc.typeWorking Paperen_US
dc.identifier.ppn476788552en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-

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